Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000FF1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
4.77%
Date Range
1/1/2006 - 6/1/2025
Summary
The 'Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in U.S. City Average' measures the average retail price of boneless chicken breasts across U.S. urban areas. This economic indicator is relevant for tracking consumer prices and household spending.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the average price consumers pay for boneless, skinless chicken breasts in U.S. cities. It is a key metric for monitoring food price inflation and can provide insights into consumer purchasing power and dietary trends.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this series to assess household budgets and the overall state of the economy.
Key Facts
- Chicken is a dietary staple for many American households.
- Boneless, skinless chicken breasts are a common protein source.
- Prices can fluctuate due to factors like supply, demand, and production costs.
FAQs
Q: What does this economic trend measure?
A: This series measures the average retail price of boneless, skinless chicken breasts across U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for tracking consumer prices, household spending, and dietary trends in the United States.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess household budgets and the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag time, providing timely insights into food price trends.
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Citation
U.S. Bureau of Labor Statistics, Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000FF1101), retrieved from FRED.